NOVATEK Ships First LNG Cargo

FOR IMMEDIATE RELEASE

NOVATEK Ships First LNG Cargo

Moscow, 7 July 2016. OAO NOVATEK ("NOVATEK") announced today that Novatek Gas & Power, a wholly owned trading subsidiary of NOVATEK, has supplied its first LNG cargo sourced from the Trinidad & Tobago LNG plant, to Chile, port Quintero.

Deputy Chairman of Management Board - Commercial Director of NOVATEK Lev Feodosyev noted: "This first LNG cargo is an important milestone for NOVATEK to enter the global LNG market. After the launch of the first train of the Yamal LNG project we will enter the LNG market with our own volumes, and gaining spot trading experience is important for us".

Note

Novatek Gas & Power is a 100% trading subsidiary of NOVATEK involved in sales of gas and liquid hydrocarbons on the international markets. 

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For further information, please visit www.novatek.ru or contact:

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OAO NOVATEK is Russia's largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's gas production and approximately 16% of the world's gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».